Indocan Resources Inc. (IDCN)

[iblong2]

I am not concerned that in October they announced that the Form 10 is "coming soon". About a year ago the website had an announcement that a business was "coming soon". All that did was create buying and allow investors to pick up cheap shares. Without news or a Form 10 investors still have a chance to pickup cheap shares.

Filing a Form 10 is best done when a company has income and a positive balance sheet. The company had a very positive harvest but wont have sales until the crop is fully processed and then setup a marketing plan and finally sell the product. I don't see this happening until the end of the first quarter or the middle of the second quarter.

Also, filing a Form 10 requires legal and accounting fees. Maybe you can lend the company the $20K-30K to pay for the filing? I'm happy to wait until the company has the funds to pay for all this by selling last years crop.